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Legacy reinsurance transaction will provide approximately $150 million of cover on loss reserves

The bespoke reinsurance solution will support IAG in reducing financial risk, capital requirements and earnings volatility

Milestone deal for the international legacy specialist is with an Italian insurer

Purchased from a very large multinational corporate, the company possesses long tail UK employers’ liability exposure

He will will be responsible for business origination in the European and Lloyd’s markets and the group’s strategic market and product development